Rising employment, falling gas prices drove December restaurant sales to 8-year high
SEAFOODNEWS.COM [Nation's Restaurant News] - By Jonathan Maze- January 12, 2015 -
Restaurants posted their best month in eight years in December, as low gas prices, rising employment and weak comparisons resulted in a robust period for both traffic and sales, according to the latest NRN-MillerPulse survey.
According to the survey, same-store sales rose 4.6 percent during the month, giving operators an upbeat outlook heading into 2015.
“It was a good month,” said Larry Miller, cofounder of the index.
Improvement during the month was felt across sectors, with both casual-dining chains and quick-service restaurants reporting strong same-store sales growth, of 4.4 percent and 4.6 percent, respectively.
The improvement came not just on price, but on new customers.
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